Director Dealings

Date : 11/07/2011 @ 2:00AM
Source : UK Regulatory (RNS & others)
Stock : Minco (MIO)
Quote : 2.65  0.0 (0.00%) @ 2:38AM
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Director Dealings

Minco (LSE:MIO)
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RNS Number : 5744R

Minco PLC

07 November 2011

Minco plc


Dublin, 7 November, 2011 - Minco Plc (AIM-"MIO"), the Irish exploration and development company, reports that it was notified on 4 November, 2011 that Mr. Peter McParland, a non-executive director, acquired an indirect interest in 730,000 ordinary shares of Minco Plc and currently holds 3,730,000 shares of the Company.

The shares were acquired by Quarry & Mining Equipment Ltd. (QME), a company controlled by Mr. McParland at the following prices: 350,000 shares at 2.9 pence and 380,000 shares at 3 pence.

About Minco

Minco PLC is an AIM quoted precious and base metals exploration and development company, engaged in zinc-lead exploration in Ireland, in proximity to the Galmoy and Tara mines, and with investments in zinc--silver projects in Mexico through holding 30 million shares in Xtierra Inc. listed on the TSX Venture Exchange (Toronto) under the symbol "XAG". Minco also holds a 2% NSR royalty on the Curraghinalt gold property in Northern Ireland which is being explored by Dalradian Resources Inc.

Minco currently holds US$20 million in cash and is evaluating a number of investment opportunities in the mineral industry in North America and Europe.

There are 349,999,988 shares of Minco issued and outstanding.

For further information, or 
   John Kearney: Executive Chairman                       +1 416 362 6686 
   Terence McKillen: Chief Executive                      +1 416 362 8243 
                                                         +44 (0) 8452 606 
   Danesh Varma: CFO & Company Secretary                              034 
   Minco - Ireland Contact: Peter McParland 
    | Maria Flood                                     +353 (0)46 907-3709 
   John Frain/Fergal Meegan: (NOMAD) Davy               +353 (0)1 6796363 
   Barry Gibb/ Saif Janjua: (Corporate Advisor             +44 (0)20 7930 
    | Broker) Beaufort International                                 8222 

This information is provided by RNS

The company news service from the London Stock Exchange



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